Thursday - November 5, 2026
Cleveland Fed's Hammack: Dollar's status depends on rule of law, effective capital markets, and central bank independence
November 05, 2026
CLEVELAND, Ohio, Nov. 5 -- The Federal Reserve Bank of Cleveland issued the following news release:

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Cleveland Fed's Hammack: Dollar's status depends on rule of law, effective capital markets, and central bank independence

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In panel remarks at the SNB and Its Watchers Conference in Zurich, Switzerland, Hammack said she expects "that monetary policy will need to move to a restrictive stance to bring inflation back to 2 perce . . .

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